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Starion Group

Active
Public limited companyfounded 20242 years activeRue des Etoiles 140, 6890 Libin, BelgiumKBO/BCE: BE 1008.811.084
Summary

Starion Group has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €920,718. Its solvency ranks better than 13% of 870 sector peers (NACE 71, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
#1 company by total assets in Libin2 sites
Size
€21.8mturnover 2025
Staff
37.1 FTE
Equity
€5.2m
Profit
€920,718
Standalone figures, without subsidiaries
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Holdings
10
Accounts filed 24 days late1 of 9 deeds read
Why 67- Liquidity: current ratio 1.03, cash €195,385, halved- Equity €5.2m (4.8% of total assets)+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Size: turnover €21.8m, 37.1 FTE, total assets €108.2m, files consolidated accountsShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 71, small)
Financial strength · tick = 2024
Weak
Solvency 30-2
equity 4.8% of total assets
Liquidity 0-1
short-term debt 93.7% · cash 0.2%
Profitability 55+16
return on assets 0.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (686 companies)
Last 24 months 05-2025: 0.5%lowest value 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.1 percentage points vs 09-2025 11-2025: 0.9%▲ +0.3 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.5 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit up to €340,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 0.97 in 2024; short-term debt: 93.7% and cash: 0.2% of total assets), and 95.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small): better than 11% on solvency, 1% on liquidity, 34% on profitability and 83% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Liquidity: current ratio 1.03, cash €195,385, halved
NBB · annual accounts
lowers risk · Size: turnover €21.8m, 37.1 FTE, total assets €108.2m, files consolidated accounts
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €5.2m (4.8% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 870 sector peers (2025).
NBB · sector comparison
Position among 870 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
24 days late
2024
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2025 · consolidated…
  3. Annual accounts filedfiscal year 2025 · unclassified…

Key points

  • Positive: Back in profit in 2025after -€199,795 in 2024 €920,718 View
  • Positive: Company by total assets in Libinin the Checked rankings #1 View
  • Board changedlatest change 30-04-2026 · 2 in office 2 joined · 1 left View
  • Heads a groupcompanies controlled 10 View

By topic

Financials

Fiscal year
2025
Turnover
€21.8m
Profit
€920,718
Solvency
4.8%
Turnover▲ 48.2%
Net result
20242025
Go to Financials

Timeline

Events
8
Since
2025
Next accounts
by 31-07-2027
  1. 29-07-2026Resignation: Stephano Fiorilli (director)
  2. 31-12-2025Back to profit
  3. 31-12-2025Equity above €5m
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
25-04-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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